The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-08-02
FINANCE And COMMERCE.
HONEY 8 PER CENT, NEW YORK
EXCHANGE Is PREMIUM.
0ott0n Dull-Middliug Cotton, DC
Sales To-day zoo
Bales.


There Is iair SID losnsble fund
supply, with money firm and going at
per cent. But little was do.e at the
stock call beard es.ion today and no
GALES were made.
The local cotton market closed dull
and unchanged. A. New Orleans
spots closed ste ady snd unchanged and
futures steady and up s to 8 points on
the old crop, with an advance OF Q to 7
points on the new.
IL. Greene & Co.'e, New York, re-
port on cotton futures says: II was q
generally stronger market, and there
is an advance shown for both old and
new crop options. Angus; appeared
TO 20 up because there was very little
o@eriDg, add every Call made acted as
Q stimulus, especially az portion OF
the demand see med to be on new buy.
ing orders. On the Liter months the
strength was msinly induced by ad.
vices OF damage by rain storms to q
portion OF the crop. As against Sat.
urday evening August advanced 80
points, and tie other months Hob
points, closing firm.
The Mark Lane Express, In Its weekly
review OF tho British gain trade, says:
The harvesting Of wheat is becoming
general. A large proportion Of the
oat crop 10 already Cut, Values are
tending downward. The crops being
reaped are in good milling condition
Prices are expected to be lower than
ever. Rates for foreign wheat are ali
in buyers favor.
The Bureau. If Statistics has prepared
a statement 10 regard to the duties
on sugar, etc. Among other things Is
shown the eetimared consumption OF
sugar per capita ( n a series OF years in
the United States, Great Britain, Ger.
many, France aud Sutherland, from
which ii appears that the consump.
ton in Great Bitain was TAI, In the
United States 80 3, In Sxitz ,rland 3l.3
in France "a 5, and Ia Germany II
pounds per capita. Sugar has been q
favotite source OF revenue. Many OF
the coua tries from which 1. Is export
cd impose high rate OF duty loon IL,
while those into which i 10 imported
have, ~ q general rule, imposed high
import duiies. Tables are given from
which II appears that the leading com.
mercial nations, with the exception Of
Great Bfi ain, which is free trade
nation, impose higher rates Of duty
upon sugar than the United States.
Augusta hss narrowly escaped q
great calamity. More than three
fourths Of the city was covered witS
water from one 10 8 Z feet deep. The
greatest dsmnge is to streets and sew.
ers and not much TO property In the
city. Some industries suffered and
there will be q loss fiom the sioppsgs
Of mills, but the less to the different
interests 10 small. The city will be
the greatest loser la the damage TO the
canal and to the streets. The water 10
reoeding rapidly from the main streets,
except upper Green street, where q
break occurred la the third level OF
the canal. The business portion Of
the city was not a ,oded.
mP)RTs.
Fifteen brls apples, $50 rls bag
ging, 1872 pkgs bGcnn, $50 pkgs boots
and shoes, s6l sks cotton eeed, lt2
pkgs dry goods, 81 pkgs eggs, 1906
brls -four, 1874 bsles hay, l2S pkg.
hats, 20 I'D hogs, 25 I'D sheep, as
hid cattle, 800 pkgs ard, 1900 feet
lumber, 81 pkg Liquors, l car lime,
$50 brls meal, 10 hrs molssses, 7225
bu oslE, 1871 brls potatoes. 4 can
pork sides. l46 bils sugar, 1887. pkgs 10.
bScco. 1890 bu whoa.